We are pleased to exclusively offer for sale this "turn-key" 7 unit investment property located in the city of Hawthorne. The subject property, being offered for sale by the original builder, epitomizes pride of ownership and craftsmanship. Constructed in 1986 and well-maintained over time, the building features 6,448 square feet of rental space on a 6,113 square foot lot, showcasing a mix of one 2-Bedroom/1.5-Bath unit and six 1-Bedroom/1-Bath units.
Throughout its history, the property has seen numerous interior updates enhancing its appeal and functionality. Tenants benefit from a variety of amenities including gated private entry, covered onsite parking, a fully equipped laundry facility, and the convenience of dishwashers and stoves provided by the owner.
Most notably, there exists a significant 20% upside in rental income, providing a lucrative opportunity for investors to increase revenue and capitalize on the property’s full potential in a high-demand area. (Five of the seven units are eligible for their annual rent increase, which a new buyer can implement immediately.)
Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend of residential comfort and accessibility to major attractions and transportation hubs. Additionally, an attractive private-seller financing package is available with the following terms: 25% down payment, 6.5% interest-only payments, due in 7 years.
Sold for $1,929,000 on 09/20/24
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
$1,929,000
13930 Hawthorne Way, Hawthorne, CA 90250
--beds
--baths
6,448sqft
Multi Family
Built in 1986
-- sqft lot
$1,898,000 Zestimate®
$299/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 09:20pm
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Samir Rai, DRE #01868728
Keystone Realty Group
Source: CRMLS,MLS#: CV24172294
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area, Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,448
- Total interior livable area: 6,448 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Carport spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,113 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 4043013010
- Zoning: HAR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Hawthorne
HOA & financial
Other financial information
- Total actual rent: 11345
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Owner May Carry
Services availability
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Estimated market value
$1,898,000